GREY:CVHIF - Post by User
Comment by
ChaseYourDreamon Nov 24, 2016 6:30pm
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Post# 25511144
RE:Final Skirmishes at the Close
RE:Final Skirmishes at the CloseAliasunknown, here is proof that your order for 19k at 15:38:34 could have been mostly filled by sellers who dropped their ask to .115 at 15:59...
But this does raise one possible loophole. Was your order all or nothing for the full 19k, or did you place sets of smaller orders? Could it have been partially filled at .12 (17k) and 2k left unfilled? Or did you place the order in such a way that these two sellers could not meet your demand?
Those two trades at 15:57 would have brought the 20k ask down to 18k or 17.5k
A lesson for those selling below the established ask. Just wait a sec!
ChaseYourDream wrote: - One ask sold into .115 (500k)...(Baaaa!)
- Two longs bumped it up to the minumum real SP for the day; and
- Two more of the ask at .12 proved to be real, selling into the bid at .115, painting it lower at their personal expense.
Timing suggests these last two sellers felt they had to sell today, even though they could have had a much better price all morning.
But in any event the facts are, on open trading:
- 827k of over 844k shares traded all day sold at .12-.13; and
- only 17k shares (not bypass) sold at .115
But when you look at the chart for the day, is that what you see?
Bid Size
325500
Bid
0.115
Ask
0.125
Ask Size
235000
Last
0.115
| 0.115 | 11,000 | TSXV | 15:59:56 | | |
| | 0.115 | 6,500 | TSXV | 15:59:54 | | |
| | 0.12 | 1,000 | TSXV | 15:57:20 | | |
| | 0.12 | 1,000 | TSXV | 15:57:20 | | |
| | 0.115 | 500 | TSXV | 15:56:13 | | |